CAP 2.27% 4.3¢ carpentaria resources ltd

Whoever has done the buying has handed the current board a real...

  1. 216 Posts.
    Whoever has done the buying has handed the current board a real gift in that they will be able to raise capital at a significant premium to when the shares were trading at 17 cents a couple of weeks ago. I think the current board will win with a greater margin than at the agm, and a capital raising at 15-20 cents will closely follow. There may be an effort to keep the price up until that point, which we may have seen this afternoon.

    Regards.

 
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